Key Points Tesla’s second-quarter earnings miss isn’t a concern, given all of its developmental spending. Its shrinking per-car profit, however, points to a waning degree of pricing power within the EV marketplace. Being an established electric vehicle maker as well as a future AI technology outfit makes it difficult to evaluate and then appropriately price … Read more

Meet the Trillion-Dollar Company Retail Investors Have Spent More Money Buying Than Any Other Stock in July

The whipping post

Key Points Retail investors are becoming a force on Wall Street, with one analysis finding that everyday investors accounted for a quarter of total equities trading volume in 2021. Individual investors have piled $320 million into Wall Street’s buzziest trillion-dollar stock since the start of the month. Although this company is tackling two trillion-dollar addressable … Read more

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Fox Buys Roku, and Now Comcast Is Spinning Off NBCUniversal. Does Netflix Need to Make a Big Move This Summer?

The whipping post

Key Points Netflix bid $82.7 billion for Warner Bros. Discovery but walked away when Paramount Skydance offered $111 billion. The company also passed on bidding for Roku, its former hardware division. Recent SEC filings show a new $1 billion debt deal, but it’s just some routine refinancing and not preparation for a huge buyout. 10 … Read more